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Cabinet VoirinProperty wealth advisory for new-build homes
Aerial view of a new pale-stone residence facing the Mediterranean, umbrella pines, golden late afternoon

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French Riviera

The Riviera remains one of Europe’s most sought-after markets for a second home. New-build here is rare and low-key — and the purchase, often financed by the proceeds of a sale, almost always calls for thought about succession.

Cap d’Antibes · Cannes — Californie · Saint-Jean-Cap-Ferrat · Villefranche-sur-Mer · Nice — Cimiez

A light, a clientele, a Mediterranean art of living

Between Cannes and the Italian border, the Riviera coastline lines up a handful of exceptional areas: the Cap d’Antibes peninsula, the heights of Californie in Cannes, the absolute rarity of Saint-Jean-Cap-Ferrat, the hills of Cimiez overlooking Nice. Here you buy an address, a view, an aspect — and a way of life turned towards the sea, the pines and the climate.

The clientele is international and wealth-minded. Many buyers arrive after selling a company and seek, in Riviera property, both a family home and a transmissible asset. It is a market where discretion and selection matter more than volume.

A constrained and discreet coastal new-build market

The Coastal Act and the scarcity of land sharply limit new construction in these areas. The developments are small, few and far between, finished to a high standard, and demand — largely international — remains greater than supply. The second home dominates, with strong requirements on view, aspect and finishes.

  • Scarce land and the Coastal Act: few new operations, small in size.
  • International demand structurally greater than supply.
  • The second home dominates, highly selective on view and aspect.
  • A market of discretion, where selection matters more than volume.

Currently on the market in this territory

Artist's impression — not contractual

LES VILLAS DE BEAUVALLON

Grimaud (83)

T6Delivery T1 2029

Artist's impression — not contractual

PATIO RUBEN

Saint-Tropez (83)

T3 · T4 · T5Delivery T2 2028

Artist's impression — not contractual

SERENITY

Saint-Tropez (83)

T4Delivery T4 2027

Artist's impression — not contractual

LES GRANDES BASTIDES

Mougins (06)

T6Delivery T1 2028

Artist's impression — not contractual

LES COSTES - DOMAINE PRIVE

Mougins (06)

T5 · T6Delivery T1 2028

Artist's impression — not contractual

GARE DU SUD - VILLA ROSSA

Nice (06)

T3 · T4 · T5Delivery T3 2026

Non-exhaustive selection, shown for illustration — availability may change. This is not an offer for sale: every project begins with a personal study.

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Reinvest a sale, prepare the transfer

Here, the stake is not tax in the sense of a saving: a second home enters the IFI base in full, and placing the property in an SCI changes nothing about this as long as you keep the usufruct. The point of a family SCI lies elsewhere: passing it on in fractions of shares, over the years and the allowances. We set out its logic and its limits; the articles, the timetable of gifts and any split ownership are drafted with your notaire.

A real-life case

Profile
Entrepreneur, 58, after selling his company, household liable to the IFI.
Project
New-build second home (off-plan), Cap d’Antibes area, around €1.6m, held through an income-tax family SCI.
Structure
Property held by a family SCI; a gift of the bare ownership of the shares to the children, with the usufruct retained. Passed on in fractions at the pace of the allowances.
  • 100% of the value — the 30% allowance (art. 973) applies only to the main homeSecond home in the IFI base
  • 50% of the value — scale under art. 669 CGIBare ownership of the shares (donor aged 58)
  • up to €100,000 per parent per child, every 15 years — arts. 779 and 784 CGIAllowance on gifts
Illustrative case, rounded figures, anonymised situation subject to an adviser’s analysis. Split ownership has a civil and succession effect, not an IFI reduction: as long as the donor keeps the usufruct, they remain liable to the IFI on the full-ownership value (art. 968 CGI). The €100,000 allowance is applied first; anything above it is taxed on the progressive scale. The IFI is due only above €1,300,000 of net taxable property wealth (art. 964 CGI). The structure is decided with your notaire.

A project in this region?

A wealth study starts from your actual situation: a first structuring outline and the property types suited to this region, followed by a thirty-minute scoping call.

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